:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

LOW CREDIT OFFTAKE LIKELY TO AFFECT BANK EARNINGS IN Q3

According to some estimates, profits of top indian banks are expected to fall by an average 2% year-on-year in the December 2009 quarter as corporates and individuals borrowed less from lenders, making a three-year low in loan disbursements during a single quarter. According to the latest data released by RBI, credit growth was 11% YoY at the end of December 2009.

Source: http://economictimes.indiatimes.com/opinion/comments-analysis/Low-credit-offtake-likely-to-affect-bank-earnings-in-Q3/articleshow/5435076.cms

Posted by C.B.O.A., A.P.

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